Hydrofarm Group (HYFM) Registration Filing summary

Company overview and business model

• Leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (CEA), serving the U.S. and Canadian markets through a network of over 2,000 wholesale customer accounts.

• Offers a broad portfolio of proprietary branded products, including grow lights, climate control solutions, grow media, and nutrients, targeting both commercial farmers and consumers.

• Incorporated in Delaware in 2017, with roots dating back to 1977, and operates primarily through specialty retailers, commercial resellers, garden centers, hardware stores, and e-commerce channels.

Financial performance and metrics

• Aggregate market value of voting and non-voting common stock held by non-affiliates is $13,480,048, based on 4,097,279 shares at $3.29 per share as of September 30, 2025.

• As of September 30, 2025, 4,667,004 shares of common stock were outstanding, with approximately 74 stockholders of record.

• No offers of common stock for sale under General Instruction I.B.6 of Form S-3 in the last twelve months.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including working capital, debt repayment, share repurchases, capital expenditures, acquisitions, and strategic investments.

• Proceeds may be temporarily invested in short-term securities until used for their stated purpose.